The Reserve Bank of India on Thursday fixed the reference rate of rupee against U.S. dollar at 62.8895 and the euro at 84.4180 as against 62.5580 and 84.7104 on Wednesday.

In a press release issued by RBI, the exchange rates for the pound and yen against the rupee were quoted at 101.1389 and 62.45 per 100 yen, based on reference rates for the dollar and cross-currency quotes at noon.

The reference rate is based on the noon rates of select banks here and the SDR-Rupee rate would be based on this rate, the release added.

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